Bob Dinneen, president and CEO of the Renewable Fuels Association,
commented on the new study, noting, “Last year we fought, and we
continue to fight, against naysayers determined to end the Renewable
Fuel Standard. These numbers should silence the opposition as the
ethanol industry is clearly helping individuals, families, communities,
and our country by creating jobs, displacing oil imports, and
contributing to America’s economy.”

The new ABF Economics study found that the 13.3 billion gallons of
ethanol produced created 86,503 jobs and sustained an additional 300,277
indirect and induced jobs.

At the national level the ethanol industry contributed $44 billion to
America’s Gross Domestic Product (GDP) while adding $30.7 billion to
household incomes.

“The ethanol industry continues to make a significant contribution to
the economy in terms of job creation, generation of tax revenue, and
displacement of imported crude oil. The $40 billion ethanol producers
spent on raw materials, other inputs, and goods and services during 2013
contributed more than $44 billion to the nation’s GDP and supported a
significant number of jobs in all sectors of the economy. The use of
ethanol also continues to enhance the nation’s energy independence. The
dollars spent on domestically produced ethanol instead of imported crude
oil and petroleum products is money that is spent and reinvested in the
American economy,” said John Urbanchuck, managing partner of ABF
Economics.

Key findings of the report:

86,503 direct jobs

300,277 indirect and induced jobs

$44 billion contribution to GDP

$30.7 billion in household income

476 million barrels of imported oil displaced, valued at $48.2 billion in 2013